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Bulletproof Helmet Market Size By Application, Industry Analysis Report, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Share & Forecast 2023 - 2030

ID : MRU_7909 | Date : Jan, 2023 | Pages : 180 | Region : Global

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Bullet proof helmets are used for enhancing safety in defense, military, and homeland security. They are used by wearers for protection from potentially hazardous elements that range from air-borne flying particles, ballistic threats, and fragments.
The increasing demand for bulletproof helmets arising due to various law enforcement activities will drive the growth prospects for the global bulletproof helmet market during the forecast period. Some of the factors that determine the need for proper law enforcement across regions include political, social, and socio-cultural elements. For instance, India is focusing on security cooperation, economic integration and the modernization of police forces through the Modernization of State Police Forces (MPF) Scheme. This scheme also reduces the dependence of state governments on the Army and the Central Armed Police Forces for the purpose of controlling law and order issues in the state by strengthening and equipping the State Police Forces. Furthermore, in APAC, the increasing instances of terrorist attacks, rising flow of terrorist fighters from countries in the Middle East such as Syria and Iraq, and groups espousing support for the Islamic State of Iraq and the Levant (ISIL) results in the enhancement of domestic law by the government.
According to the report, the defense expenses of regions such as APAC, the Americas, Western Europe, and ROW are on the rise, where each country determines its military and defense expenses based on its political and social environment. The US allocated over $500 billion on defense spending in 2015. The other countries with substantial budgets for the armed forces are China, Saudi Arabia, Russia, the UK, India, France, and Japan.
Further, the report states that the challenge faced by the vendors of bulletproof helmets is that a number of regions are underpenetrated by defense suppliers in developing countries in regions such as Central and South America, Central and Eastern Europe, Africa, and Southeast Asia. The armed forces in most countries in these regions are undersupplied. Sometimes in developed country like the US too there were instances of supply shortages of ballistic helmets.
The Global Bulletproof Helmet Market was valued at xxx million USD with a CAGR xx% from 2018-2022. Subsequently, it will touch xxx million USD in 2023 with a CAGR xx % from 2023-2030.

In the global Bulletproof Helmet Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.

In Market segmentation by manufacturers, the report covers the following companies-
BAE Systems
3M
MKU
ArmorSource
Aegis Engineering
Argun
Hard Shell
Ningbo Chihan Protection
Point Blank Enterprises
Protection Group Danmark
Rabintex
Sarkar Defence Solutions
Sinoarmor
Ulbrichts Protection

In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types :
Metal Material
Nonmetal Material
Composite Material

In Market segmentation by applications :
Military and Defense
Law Enforcement

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Bulletproof Helmet Market for the forecast period 2023-2030?
• What are the driving forces in the Bulletproof Helmet Market for the forecast period 2023-2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Bulletproof Helmet industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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